Funding you earn now, next payment 00:00 UTC+0.0455%/8h= +49.9% APRnext payment +$2.28 per $10,000 · paid last 24h +0.101%
Price spread now: Binance against Bitget+0.104%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1941.937% of the position
Funding, last 7 days+0.457%+$46 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now +0.104%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.053% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XANUSDT | 0.01253 | 0.0100 | pay 0.0050% / 4h | 8m 09s | $416K | $160K | 50x |
| Short | Binance XANUSDT | 0.01254 | 0.0555 | get 0.0278% / 4h | 8m 09s | $2.1M | $1.4M | 50x |
Bitget XANUSDT
Binance XANUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $95.64
- Price spread: +0.104% → +0.050%
- $5.32
- Slippage, 4 orders
- −$171.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$92.75
- Costs to cover
- 1.937%
- Break-even
- 13.8 days
Slippage from Bitget: live order book, 62 min ago; Binance: live order book, 11 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 62 min ago | 4.76 bp | 54.5 bp −$54 | 354.1 bp −$3,541 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.99 bp | 46.6 bp −$47 | 254.1 bp −$2,541 | doesn't fit | doesn't fit |
XAN on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XANUSDT | +0.0100% | 4h | 0.01253 | −0.008% | $1.0M | $213K | 13x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01255 | +0.152% | $620K | $1.7M | 50x | as long as short |
| Bitget XANUSDTlong | +0.0100% | 4h | 0.01253 | long leg | $416K | $160K | 50x | |
| Variational Omni XAN | +0.0100% | 4h | 0.01253 | −0.042% | $7K | $2K | — | as long as short |
| Gate XAN_USDT | +0.0276% | 4h | 0.01254 | +0.048% | $248K | $46K | 20x | as long as short |
| BingX XAN-USDT | +0.0536% | 4h | 0.01254 | +0.064% | — | $1.3M | — | as long as short |
| Binance XANUSDTshort | +0.0555% | 4h | 0.01254 | +0.104% | $2.1M | $1.4M | 50x | |
| MEXC XAN_USDT | +0.0556% | 4h | 0.01255 | +0.104% | $9.0M | $110K | 50x | as long as short |
| Aster XANUSDT | +0.0653% | 4h | 0.01254 | +0.088% | $45K | $9K | 5x | as long as short |
Bybit XANUSDT
KuCoin XANUSDTM
Variational Omni XAN
Gate XAN_USDT
BingX XAN-USDT
MEXC XAN_USDT
Aster XANUSDT